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Atlantic Municipal Utilities’ Electric Rates remain among the lowest in the State

News

November 19th, 2020 by Ric Hanson

Atlantic Municipal Utilities General Manager Steve Tjepkes, Thursday, said the American Public Power Association has its latest report on electric rates charged by all the electric utilities throughout the U.S.

Based on the report:

· There are 181 electric utilities operating in the state of Iowa
· Atlantic Municipal Utilities (AMU) ranks as the 2nd lowest average electric rate charged to customers in the state
· The overall average rate comparison includes AMU’s Residential, Commercial and Industrial Rates

Tjepkes said “We were very pleased to see the results of the latest rate comparisons among electric utilities. While keeping rates low is important to everyone in our community, we believe it is the customer service our employees provide every day that we are most proud of and strive to maintain at AMU.”

AMU’s power supply consists of:
1. Co-ownership in the coal-fired Walter Scott, Jr. Energy Center Unit 3 plant in Council Bluffs
2. Hydro-generated electricity from dams along the Missouri River basin
3. Power purchased from Missouri River Energy Services, located in Sioux Falls, SD.
4. Atlantic’s local generation includes a 10 MW natural gas generator used primarily to meet capacity and energy reserve requirements and emergency back-up power

AMU provides electrical service to 3,984 residential and commercial consumers within the city of Atlantic and another 675 residential and commercial consumers in the surrounding rural area.

The American Public Power Association (APPA), based in Washington, D.C., is a national service organization representing the unified interests of the nation’s more than 2,000 community-owned municipal electric utilities. Collectively, municipal utilities serve more than 48 million Americans.